SHIN YANG GROUP BERHAD

KLSE (MYR): SYGROUP (5173)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.61

Today's Change

0.00 (0.00%)

Day's Change

0.60 - 0.61

Trading Volume

207,500

Discussions
5 people like this. Showing 50 of 1,380 comments

hafizfizor90

still waiting to hike

2023-04-27 13:27

cK1973

down grade to 40c, Michael Kwok?
what is your rational on this?

2023-05-01 11:18

StartOfTheBull

Brent crude future has plunged to its one year low, it is time to check out shipping and logistics stocks again. Hopefully can buy some at about this price tomorrow.

2023-05-04 10:57

Huangbk72

U better check shipping rates first..

Rates are dropping to pre-covid era soon.. most likely even below that.

Massive glut are building up..

2023-05-04 11:54

StartOfTheBull

If I am not mistaken, shipping rates for tanker and dry bulk were down to its lowest in February 2023; thereafter returned to higher rate in March 2023 as in December 2022 and remains constantly stable as at today.

2023-05-04 14:12

StartOfTheBull

Huangbk72 has the good point. Thank you so much.
So profitability for shipping and logistics is expected to be lower compared to quarter of October to December 2022 and recovery for shipping and logistics may start from end of March 2023 due to higher shipping fees starts from end of March 2023 onwards.

2023-05-04 14:25

Huangbk72

Not this year. Too much new capacity came in due to demand

Similar situation as gloves.. as an example

2023-05-05 07:34

StartOfTheBull

I didn't buy this today after reading the comments. Thank you Huangbk72.
Bought Hartalega instead.

2023-05-05 16:35

StartOfTheBull

Just betting that Harta would announce profit in its upcoming QR.

2023-05-05 16:36

pang72

Ini habis juga

2023-05-05 16:39

StartOfTheBull

Yu habis gloves pun belum habis.

2023-05-05 16:59

Superb99

Back to 40 cents, lousy stock

2023-05-05 19:05

Superb99

Super downtrend counter, pulled up in the morning then close red in the afternoon and left long upper shadow almost every day

2023-05-08 16:11

Huangbk72

No problem.. just sharing what i know.. Cheers

StartOfTheBull

I didn't buy this today after reading the comments. Thank you Huangbk72.
Bought Hartalega instead.

3 days ago

2023-05-09 10:21

hhhiii123

Why qr so good, can limit up or not

2023-05-30 18:54

Moneyking543

sure bo?

2023-06-02 14:06

hafizfizor90

yes i think so

2023-07-25 08:57

speakup

@Fundamental Trader, care to elaborate why this is a gem?

2023-07-28 19:27

TimCoke

Technically, it will be breaking through 0.69 very soon

2023-08-02 11:54

StingRay

I am currently accumulating this.

2023-08-02 11:56

TimCoke

Any insider news?

2023-08-04 11:03

shawn88

seem like good qr coming?

2023-08-04 16:01

speakup

Why u say that?

2023-08-04 19:06

StartOfTheBull

Source: Drewry World Container Index, Drewry Supply Chain Advisors



Our detailed assessment for Thursday, 03 August 2023
The composite index has increased by 11.8% to $1,761.33 this week, and has dropped by 73.4% when compared with the same week last year.

The latest Drewry WCI composite index of $1,761.33 per 40-foot container is now 83% below the peak of $10,377 reached in September 2021. It is 34% lower than the 10-year average of $2,684, indicating a return to more normal prices, but remains 24% higher than average 2019 (pre-pandemic) rates of $1,420.

The average composite index for the year-to-date is $1,770 per 40ft container, which is $914 lower than the 10-year average ($2,684 mentioned above).

The composite index increased by 11.8% to $1,761.33 per 40ft container and is 73.4% lower than the same week in 2022. Following 4 consecutive weeks of increases, this week’s composite index is the highest since the second week of May 2023. Freight rates on Shanghai – Rotterdam surged by 25% or $328 to $1,620 per 40ft container. Likewise, Shanghai – Los Angeles rates expanded by 11% or $235 to $2,322 per 40ft box. Similarly, rates on Shanghai – Genoa and Shanghai – New York rose by 9% to $2,070 and $3,330 per 40ft container. However, rates from Rotterdam – Shanghai declined by 1% or $7 to stand at $520 per feu. Moreover, spot rates from Los Angeles – Shanghai, New York – Rotterdam and Rotterdam – New York remained static at the previous week’s level. Drewry expects East-West spot rates to be "stable, overall" in the next few weeks.

2023-08-07 06:32

hafizfizor90

TIMING PALING TEPAT UNTUK BELI KERANA HARGA SUDAH DIBAWAH PARAS SELAMAT UNTUK BELI

2023-08-09 09:25

StartOfTheBull

It seems those that wanted to sell have already done so.

2023-08-09 09:34

StingRay

No operator will play during the Share Buy Back exercise. Good to accumulate if you can hold.

2023-08-09 10:08

daretocutandchange

agree!accumulate while weakness

2023-08-14 21:03

StartOfTheBull

Today last five minutes company share buy back at seller (ask) price 61c.

2023-08-14 21:44

daretocutandchange

9months eps11.62cts ,can buy or not?

2023-08-14 22:49

speakup

besok limit up?

2023-08-22 21:34

Johnchew5

Post removed.Why?

2023-08-25 07:59

Johnchew5

Post removed.Why?

2023-08-25 08:02

RX350

Day Day shares buy back

2 months ago

LiTech

Just sell as this counter not worth to invest. Changing name in hope to push the price is just a dream. It is not worth to have a second look

2 months ago

mrcrab

Baltic Dry Index at 1526 now. Upward trend.

2 months ago

Michael Kwok

Price 65
Support 63.5
If pass 70 cents few days around there(range),then 80 cents range.
26/9/23 1.55pm

2 months ago

SCM2023

I kept yawning when see this counter as no price movement for months

2 months ago

fruitcake

😂😂

2 months ago

SCM2023

Still yawning after a week. This is forever sleeping and no cure permanently

1 month ago

Tomrider

keep buy back

1 month ago

asianmarket

this is an ol man counter - not good for trade

3 weeks ago

daretocutandchange

reinvest when you had take the dividend.

3 weeks ago

Firefighter

Dont get trap by the dividend pay-out. This coming QR maybe RED!

2 weeks ago

SCM2023

Firefighter, i guess they have high chance of seeing good profit this quarter

2 weeks ago

Firefighter

If QTR do not meet expectation today.. sure gap down tmrw! So becareful punters.. watch your step! I got rid of mine..

1 week ago

SCM2023

I would love to see how price react to yesterday QR. We could see price upward movement till end of the year if close unchanged or up otherwise will diarrhea for sometimes

1 week ago

Firefighter

Hehe. Gap down!

1 week ago

slts


https://tradingeconomics.com/commodity/baltic
q4 earnings going to be explosive

2 days ago

speakup

OMG! @slts thanks for sharing!

2 days ago

Post a Comment